Topic: Investor Group on Climate Change
23 October 2019
The Australian extractive sector needs to be proactive in enabling Paris-aligned public policy
In response to the Federal Opposition’s recommitment to a net-zero emissions target for 2050, Emma Herd, Chief Executive Officer of the Investor Group on Climate Change said:
“We are seeing an increasing consensus among investors and the business community that a 2050 net-zero emissions target constitutes the responsible economic management needed to address systemic climate change risk.
14 October 2019
Today, the Investor Group on Climate Change (IGCC) kicks off the 2019 Climate Change Finance and Investment Summit, with around 300 finance and investment representatives from around Australia and the region gathering to discuss how they are managing climate change as a core financial risk.
The theme of the IGCC 2019 Summit is: Catalysing Action on Climate Change.
14 October 2019
Investor commitments to net zero emissions portfolios, science-based targets for infrastructure emissions and a first of its kind sovereign green bond for an emerging economy were all part of the initiatives recognised today at the inaugural Investor Group on Climate Change (IGCC) 2019 Climate Awards.
The IGCC Climate Awards, launched for the first time in 2019 at the IGCC Summit, aim to highlight the work of Australian and New Zealand investors delivering outstanding outcomes on climate change.
2 October 2019
US$35 trillion Climate Action 100+ publishes first initiative progress report
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Breakthrough commitments have been achieved, yet step change in broader corporate response to climate change is necessary given US$20 trillion systemic risk to global economy
In the first Climate Action 100+ progress report released today, it is clear that despite significant progress achieved, far more needs to be done by the world’s largest corporate greenhouse gas (GHG) emitters in tackling climate change.
19 September 2019
Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
- New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year
September 19, 2019, NEW YORK: Ahead of next week’s United Nations Climate Action Summit, a record 515 institutional investors managing $35 trillion in assets urged governments worldwide to step up action to tackle climate change and achieve the Paris Agreement’s goals.
20 August 2019
Investor appetite for climate investment opportunities continues to grow and investment activity is accelerating, even as regulatory uncertainty threatens future growth in Australia, according to a new survey of institutional investors released today by the Investor Group on Climate Change (IGCC).
Set out in a new report –
Accelerating Change – institutional investors have provided new insights into how they are approaching low carbon and green investment opportunities and where they are active by market and asset class.
26 June 2019
Amundi, Axa, California State Teachers’ Retirement System (CalSTRS), Legal & General Investment Management, Natixis Investment Managers, Mitsubishi UFJ Financial Group, and Sumitomo Mitsui Asset Management, among a record number of signatories to the Global Investor Statement to Governments on Climate Change.
JUNE 26, 2019, OSAKA: Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and pricing carbon.
6 June 2019
Recommendations on 2030 emissions reduction targets for Victoria released today by the Independent Expert Panel’s report on Interim Emissions Reduction Targets (2021-2030) are in line with market trends as the world moves towards a net zero emissions economy and should deliver greater investment certainty, say investors.
“Global markets are shifting to low carbon options and investors are increasingly aligning investment decisions around zero carbon strategies,” said Emma Herd, CEO of the Investor Group on Climate Change.
30 May 2019
The Australian Climate Roundtable has met to reaffirm its commitment to foster common ground on the vital issue of climate change and energy transition. Members affirmed the Roundtable’s joint principles for climate policy. They also welcomed the National Farmers’ Federation to the group – adding the land sector to the breadth of industry, business, community, union and environment groups represented.
9 May 2019
The report released today by the Climate Council
Compound Costs: How Climate Change is Damaging Australia’s Economy, reveals the tip of the iceberg in the real estimated cost of climate change to the Australian economy, says the Investor Group on Climate Change.
“Climate change represents a major threat to Australia’s financial stability,” said Emma Herd, CEO of the Investor Group on Climate Change.